<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1598561222812-63429c3eee2f/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1598561222812-63429c3eee2f/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA"/></p>
<p><em>图片来源：Unsplash</em></p>
<p>彼得·希夫表示，本周标志着风险资产的重大解体。在英伟达（Nvidia，NVDA）财报引发短暂上涨后，科技、人工智能，尤其是加密货币暴跌。比特币暴跌，与加密相关的股票被抹去，显示出泡沫正在迅速破裂，除非特朗普奇怪地进行救助。</p>
<p>尽管波动性较大，黄金和白银仍稳稳保持在关键水平之上（$4,000 和 $50），证明牛市依然存在。希夫强调了亚洲的购买、日元套利交易的减弱，以及日本可能抛售国债——这给美国市场带来了压力。</p>
<p>他认为，2026 年将会有大量机构和零售资金流入黄金，中央银行已经在引领这一趋势。随着加密货币和科技的崩溃，希夫表示，唯一仍在持续的牛市是贵金属，而这一趋势才刚刚开始。</p>
<p>视频时长：00:36:18</p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
<p>美联储永远在制造泡沫</p>
<p>加密货币大屠杀，黄金抢走比特币的风头</p>
<p>风险规避轮动：科技与加密货币下滑，黄金与白银闪耀</p>

BULL

<p>彼得·希夫强调风险资产的重大下滑，科技、人工智能和加密货币在英伟达财报后崩溃。比特币和加密货币股票暴跌，而黄金和白银依然强劲，显示出稳定的牛市。希夫指出，亚洲买盘、日元套利交易的疲软以及可能的日本国债出售正在影响美国市场。他预测到 2026 年，随着加密货币和科技的疲软，中央银行将引领向黄金的重大转变</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1598561222812-63429c3eee2f/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA" alt="" original-src="https://images.unsplash.com/photo-1598561222812-63429c3eee2f?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw%3D&amp;ixlib=rb-1.2.1&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80"/></p>
<p><em>Image Source: Unsplash</em></p>
<div class="lb-trans"><p><em>图片来源：Unsplash</em></p>
</div><p>Peter Schiff says this week marks a major unraveling of risk assets. After Nvidia’s (NVDA) earnings spark a brief bump, tech, AI, and especially crypto collapse. Bitcoin plunges and crypto-linked stocks get wiped out, showing the bubble is deflating fast unless Trump bizarrely bails it out.</p>
<div class="lb-trans"><p>彼得·希夫表示，本周标志着风险资产的重大解体。在英伟达（Nvidia，NVDA）财报引发短暂上涨后，科技、人工智能，尤其是加密货币暴跌。比特币暴跌，与加密相关的股票被抹去，显示出泡沫正在迅速破裂，除非特朗普奇怪地进行救助。</p>
</div><p>Gold and silver stay firmly above key levels ($4,000 and $50) despite volatility, proving the bull market is intact. Schiff highlights Asian buying, a weakening yen carry trade, and the possibility of Japan dumping Treasuries—adding pressure to U.S. markets.</p>
<div class="lb-trans"><p>尽管波动性较大，黄金和白银仍稳稳保持在关键水平之上（$4,000 和 $50），证明牛市依然存在。希夫强调了亚洲的购买、日元套利交易的减弱，以及日本可能抛售国债——这给美国市场带来了压力。</p>
</div><p>He argues 2026 will bring huge institutional and retail rotation into gold, with central banks already leading the way. With crypto and tech breaking down, Schiff says the only bull market still standing is precious metals, and the move is just beginning.</p>
<div class="lb-trans"><p>他认为，2026 年将会有大量机构和零售资金流入黄金，中央银行已经在引领这一趋势。随着加密货币和科技的崩溃，希夫表示，唯一仍在持续的牛市是贵金属，而这一趋势才刚刚开始。</p>
</div><p>Video Length: 00:36:18</p>
<div class="lb-trans"><p>视频时长：00:36:18</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>The Fed's Forever Blowing Bubbles</p>
<div class="lb-trans"><p>美联储永远在制造泡沫</p>
</div><p>Crypto Carnage As Gold Eats Bitcoin's Lunch</p>
<div class="lb-trans"><p>加密货币大屠杀，黄金抢走比特币的风头</p>
</div><p>Risk-Off Rotation: Tech &amp; Crypto Decline, Gold &amp; Silver Shine</p>
<div class="lb-trans"><p>风险规避轮动：科技与加密货币下滑，黄金与白银闪耀</p>
</div>

华尔街的热门交易正在崩溃，而黄金却坚挺不破